SAR Televenture FPO Date, Review, Price, Allotment Details

SAR Televenture FPO

The SAR Televenture FPO is scheduled to open on July 22 and close on July 24. This NSE SME FPO aims to raise ₹150 crores. The price band for the FPO is set at ₹200 to ₹210 per share, with a minimum lot size of 600 shares.

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SAR Televenture Overview

SAR Televenture was established to provide telecommunication solutions to network operators and to lay fiber cables for the evolving telecom industry. Currently, they are a telecommunication infrastructure provider, primarily engaged in installing and commissioning telecom towers across India. As of May 31, 2024, they have installed a total of 413 towers in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and the Andaman & Nicobar Islands. The company holds ISO certifications: 9001:2015, 14001:2015, and 45001:2018. Registered as an Infrastructure Provider Category I (IP-I) with the Department of Telecommunication (DOT), SAR Televenture is authorized to lease out built sites like GBT/RTT/Pole sites and Out Door Small Cells (ODSC), as well as maintain assets such as dark fibers, right of way, duct space, and towers for telecom service providers.

SAR Televenture also offers support services, including project management for laying ducts and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, maintenance of ducts and optic fiber, and turnkey optical fiber project services for Telecom Network Operators, Broadband Service Operators, and ISPs.

Objects of the Issue:

Funding the setup of Fiber-to-the-Home (FTTH) network solutions for 300,000 Home Passes

Funding the installation of an additional 1000 4G/5G telecom towers

Funding incremental working capital requirements

General corporate purposes

SAR Televenture FPO Review

May Apply

Also Read: Prizor Viztech IPO Date, Review, Price, Allotment Details

SAR Televenture FPO Date

FPO Open:July 22, 2024
FPO Close:July 24, 2024
FPO Size:Approx ₹150 Crores, 7,142,857 Equity Shares
Fresh Issue:Approx ₹150 Crores, 7,142,857 Equity Shares
Face Value:₹2 Per Equity Share
FPO Price Band:₹200 to ₹210 Per Equity Share
FPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer

SAR Televenture FPO Market Lot

The minimum market lot for the SAR Televenture FPO is 500 shares, with an application amount of ₹105,000.

ApplicationLot SizeSharesAmount
Retail Minimum1500₹ 1,05,000
Retail Maximum1500₹ 1,05,000
S-HNI Minimum21000₹ 2,10,000

SAR Televenture FPO Dates

The SAR Televenture FPO will open on July 22 and close on July 24. The allotment date is July 25, and the FPO is expected to list on July 29.

FPO Open Date:July 22, 2024
FPO Close Date:July 24, 2024
Basis of Allotment:July 25, 2024
Refunds:July 26, 2024
Credit to Demat Account:July 26, 2024
FPO Listing Date:July 29, 2024

SAR Televenture FPO Valuation – FY2024

Review the valuation details for the SAR Televenture FPO, including Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

Earning Per Share (EPS):₹14.20 per Equity Share
Price/Earning P/E Ratio:14.08
Return on Net Worth (RoNW):21.81%
Net Asset Value (NAV):₹47.87 per Equity Share

Peer Group

Suyog Telematics Limited

Kore Digital Limited

Company Promoters

M.G Metalloy Private Limited

SAR Televenture FPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: sarteleventure.ipo@linkintime.co.in

Website: Link Intime

SAR Televenture FPO Allotment Status

Check the SAR Televenture FPO allotment status on the Link Intime website. Click Here

SAR Televenture FPO Lead Managers

Pantomath Capital Advisors Pvt Ltd

Company Address

SAR Televenture Limited

P. No – 346A, 2nd Floor

Udyog Vihar, Phase-4

Gurugram-122016

Phone: +91-8587050050

Email: info@sarteleventure.com

Website: SAR Televenture

SAR Televenture FPO FAQs

What is the SAR Televenture FPO?

The SAR Televenture FPO is an NSE SME offering aimed at raising ₹150 crores. The price band for the FPO is set between ₹200 and ₹210 per equity share, and it will be listed on NSE.

When does the FPO of SAR Televenture open?

The FPO opens on July 22, 2024, for QIB, NII, and retail investors.

What is the investor portion in the SAR Televenture FPO?

The allocation for QIBs is 50%, NII is 15%, and retail investors is 35%.

How to apply for the SAR Televenture FPO?

You can apply through ASBA online via your bank account or through UPI via stock brokers. Offline applications can also be made via stock brokers.

How to apply for the SAR Televenture FPO through Zerodha?

Log in to Zerodha’s Console or app, go to Portfolio, and select the “SAR Televenture” FPO. Click on the Bid Button, enter your UPI ID, quantity, and price, then submit the FPO application. Approve the mandate via your UPI app on Net Banking or BHIM.

How to apply for the SAR Televenture FPO through Upstox?

Log in to the Upstox app with your credentials, select the “SAR Televenture” FPO, click the Bid Button, and confirm your application. Approve the mandate via your UPI app on Net Banking or BHIM.

How to apply for the SAR Televenture FPO through Paytm Money?

Log in to the Paytm Money app, select the “SAR Televenture” FPO, click the Bid Button, and confirm your application. Approve the mandate via your UPI app on Net Banking or BHIM.

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